LOS ANGELES, Feb. 23, 2011 (GLOBE NEWSWIRE) -- After collaborating at various times over the years on projects of mutual interest, Mundus Group (PinkSheets:MNDP) and Vario USA, dba Airstar International have decided that the prospects for each will be better served going forward by pursuing their respective goals and interests in the aviation field independently of one another, and have completed the steps needed to implement that decision.
We wish each other well with our respective future endeavors.
Vario USA can be reached at 805-553-9997
About Mundus Group, Inc.:
The Mundus Group, Inc. (MNDP) is an advanced aerospace technology consortium providing patented Vertical Take Off and Landing (VTOL) technology for experimental aircraft and Unmanned Air Vehicles (UAV) since 1990 through its fully owned VTOL division, Roadable Aircraft International (RAI). From US Navy co-developed UAVs for aerial observation and environmental testing to advanced VTOL aerospace technology for civilian and military uses, Mundus Group, Inc. is developing revolutionary products with global potential for change that offers economic protection and growth opportunities.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. MNDP has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions.
These statements reflect the MNDP's current beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the MNDP's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. MNDP undertakes no obligation to update or advice in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.